Had he voluntarily paid the rate he wished everyone else in his own income bracket to pay (39%) in federal taxes, he SHOULD have paid $663,000.
But wait there's more... To top off the sundae with a cherry, President Obama got a refund back from the government of $12,000.
This week following his deficit reduction speech--or as I like to call it--the Obama 2012 kick-off event--the President made a series of additional stops across the country pitching the idea of taxing people in his own income bracket much more in taxes than they currently pay. I wonder how many of those in each audience even had a clue that what President Obama practices is about $200,000 less per year than what he preaches--with a $12,000 rebate on top?
Like the phony group of "millionaires" who came out to hold press conferences after the President's "deficit reduction" address and claimed they wished to be paying more in taxes, let me remind the President as I did them: the IRS does take donations.
In fact here's the address: "Internal Revenue Service, Washington DC, 20001"
In my brand new hardback from Thomas Nelson titled "No He Can't", I examine carefully the hypocrisy of what the current President does vs. what he says in multiple arenas, it is designed to be great reading in the run up to debate over the deficit reduction season--or what I like to call: Campaign 2012--just in front of us.
So Mr. President before you give your next speech on those in your own income bracket "ponying up" and "doing more" when will you be cutting your own check and aligning your actions with your words?
Leadership is not made up from purely the cult of personality. It is not doing one thing, while saying something else.
It is acting with clarity when crises present themselves, and for now it is something the American executive branch sorely lacks.